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Mar 22, 2013
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a government spokesperson inside cyprus says officials could make a decision later on today. cyprus is facing a monday deadline to come up with $7.5 billion in order to secure a bailout from the european union and the international monetary fund. all right. the faa today announces it is cutting funding to 189 air traffic control towers because of those forced spending cuts. at least three of the towers were built with federal stimulus money and have just recently opened. the faa is furloughing employees and eliminating shifts at some towers. the agency says the towers targeted for closure are at lower volume airports with fewer than 150,000 takeoffs or landings in a year's span. >>> to politics now. we're seeing signs that congress is moving closer to comprehensive immigration reform. some leading conservatives now say they will support a path to citizenship for undocumented immigrants. congressman paul ryan spelled out his position in "the situation room" with wolf blitzer. >> well, i think we can get comprehensive immigration reform. i support reform. i supported the bush r
a government spokesperson inside cyprus says officials could make a decision later on today. cyprus is facing a monday deadline to come up with $7.5 billion in order to secure a bailout from the european union and the international monetary fund. all right. the faa today announces it is cutting funding to 189 air traffic control towers because of those forced spending cuts. at least three of the towers were built with federal stimulus money and have just recently opened. the faa is furloughing...
SFGTV2: San Francisco Government Television
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Mar 23, 2013
03/13
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the government was unrepent ant. the best way to do is go to the place and look at the people and be a voice coming out as best you can and say this is what i saw and on the 5th floor, some of them well-dressed people i mentioned in my statistics go into a room to get advice as to how to handle their particular matter to question their connection to their children. and there is a woman there in the line and she thinks that her former husband molested her oldest child and he now wants custody and he has a lawyer and she doesn't. now i know what lawyers do. i do pro bono. i do money bono too. i go into ceo's offices. we have arguments and we try to bring that to our pro bono. another woman who fell down, disabled, social security. she's independent liver and she's, you talk to her. i'm going to see her on friday. she's okay. she goes to court, her husband has a lawyer. she doesn't have a lawyer. and her husband is accused by her 14-year-old daughter of molesting her. when the hearing is over and she has no idea how to
the government was unrepent ant. the best way to do is go to the place and look at the people and be a voice coming out as best you can and say this is what i saw and on the 5th floor, some of them well-dressed people i mentioned in my statistics go into a room to get advice as to how to handle their particular matter to question their connection to their children. and there is a woman there in the line and she thinks that her former husband molested her oldest child and he now wants custody...
SFGTV: San Francisco Government Television
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Mar 22, 2013
03/13
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and it will take government action. we are going to have to look into our hearts about the way that we treat each other. fundamental family values, connecting, talk to the person who is sitting alone. and the unity, and the tech effort is going to bring to this. it is going to be a huge part of fixing this. and we just want to say thank you, because i think we are going to work together to make the world safer for our children, and their children and so, hopefully in the not too distant future, we are live in a safer society. thank you all very much. >> nicole hawkly. >> i want to echo what mark and jackie said around their thanks for everyone who is here today and supporting this initiative. my name is niekol hawyly and we have two sons at elementary, jake is in third grade and dillan was in first and last friday would have been his 7th birthday. we were dreading friday, his birthday, but thanks to our friends and wonderful community, it was changed from a day filled with pain and loss into one of beauty and positivity
and it will take government action. we are going to have to look into our hearts about the way that we treat each other. fundamental family values, connecting, talk to the person who is sitting alone. and the unity, and the tech effort is going to bring to this. it is going to be a huge part of fixing this. and we just want to say thank you, because i think we are going to work together to make the world safer for our children, and their children and so, hopefully in the not too distant future,...
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Mar 19, 2013
03/13
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CNBC
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heavily regulated by the government, though. and the auto industry, ford, gm and chrysler forced out the rivalries, but then had to deal with international competition which destroyed the dominance of the big three. but the rental car companies, they don't have to worry about foreign competitors. this industry is tied to economic activity capacity and both are going in the right direction for the likes of hertz and avis with a stronger economy boosting demand and reduced capacity that allows them to boost prices. aided by an east coast storage rental cars from superstorm sandy. with 94% of the industry in the pocket of the top three players, they don't have to worry about nasty things like price wars. who try to gain market share by undercutting the big boys. those smaller operators are gone! pretty much. this is a beautiful oligopoly. the businesses are in great shape. what do we do? we can't buy enterprise, privately held, and staying that way. so the choice is between hertz and avis. since the beginning of the year, the stock
heavily regulated by the government, though. and the auto industry, ford, gm and chrysler forced out the rivalries, but then had to deal with international competition which destroyed the dominance of the big three. but the rental car companies, they don't have to worry about foreign competitors. this industry is tied to economic activity capacity and both are going in the right direction for the likes of hertz and avis with a stronger economy boosting demand and reduced capacity that allows...
SFGTV2: San Francisco Government Television
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Mar 18, 2013
03/13
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that the government's efforts will cover. this will result in the most rapid and thorough exploration of new innovations that will help us reduce gun violence and reduce gun violence against our children. later this afternoon, the technology committee will be meeting and we will work on creating the structure and the promise to insure that all of the innovative ideas that we receive are developed and funded at the highest level possible. technology has proven itself successful in addressing some of our saturday's greatest challenges. and so today, we call on all of us to turn our attention and our energy towards ending gun violence against our children. thank you. >> joining us on stage are mark and jackie barton. >> first thing that we would like to say is thank you. thank you to the tech community. for putting your time and effort and research into this. and we would like to thank ron and jim. as you said my name is mark barton and this is my wife jackie. we have three children. james is 12, natalie is eleven and daniel 7.
that the government's efforts will cover. this will result in the most rapid and thorough exploration of new innovations that will help us reduce gun violence and reduce gun violence against our children. later this afternoon, the technology committee will be meeting and we will work on creating the structure and the promise to insure that all of the innovative ideas that we receive are developed and funded at the highest level possible. technology has proven itself successful in addressing...
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Mar 25, 2013
03/13
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when you think about it, jim -- go on. >> wouldn't that be the government that should do it? you guys don't have to spend that money, do you? >> oh, no. in fact, that's what we do. we are fundamentally an infrastructure business. we invest $1 billion a year today to provide waste water services to our regulated customers. we have competitive businesses in which we don't invest, but in a regulated business, that's really what we do. about only about 15% of the water infrastructure is privately owned. in most instances, 85% it's municipal or public entities and it's getting harder for them to keep up with investment requirements. that's where we see market potential to grow. >> as an old municipal bonds salesman, i wouldn't give these municipalities the time of day to raise money to take care of the infrastructure. i would tell them you sell it to american water, that way you get out from under and your water gets improved. maybe people move to your town. that is happening? >> it is. it's not happening probably at the rate i think it will. we did 15 acquisitions last year. most
when you think about it, jim -- go on. >> wouldn't that be the government that should do it? you guys don't have to spend that money, do you? >> oh, no. in fact, that's what we do. we are fundamentally an infrastructure business. we invest $1 billion a year today to provide waste water services to our regulated customers. we have competitive businesses in which we don't invest, but in a regulated business, that's really what we do. about only about 15% of the water infrastructure is...
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Mar 24, 2013
03/13
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this is a given of modern government. host: they ask you about stories that appear a day before they are announced. the -- explain the process for nid administration to get those stories out on their own terms. guest: when the administration has to make an appointment, they will often leak the story either to the associated press with an embargo of,, -- say, the next morning at 6:00 a.m., or to a major newspaper, "the new york times," for example, and they will do it often with a print medium before they do broadcast because that way they can get more of the substance out there. and this is a standard practice. we have all come to accept it. they do it
this is a given of modern government. host: they ask you about stories that appear a day before they are announced. the -- explain the process for nid administration to get those stories out on their own terms. guest: when the administration has to make an appointment, they will often leak the story either to the associated press with an embargo of,, -- say, the next morning at 6:00 a.m., or to a major newspaper, "the new york times," for example, and they will do it often with a...
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Mar 24, 2013
03/13
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now, imagine if the obama administration felt the same responsibility to manage the federal government in the same way. >> a sequester for the university. all right. jason? >> this is a miss for new york governor andrew cuomo who wants to extend the temporary tax increase on high income earners in the state after promising to let it expire. for the second time extending that temporary tax increase. do you think voters would learn after a while they're being played here? apparently not. out in california governor jerry brown sold californians on a temporary tax increase for high income earners in his state. i guess the blue state liberals never learn. >> paul: bret? >> briefly a hit for pope francis off to a fantastic start and i think this is obviously true for catholics and even as a non-catholic you see a pope getting out and mingling with people and showing love and humility to the people assemblying by the hundreds of thousands in rome to see him. next week, he's going to go and wash the feet of inmates in a prison for young offenders and this is the right way it seems to me to con
now, imagine if the obama administration felt the same responsibility to manage the federal government in the same way. >> a sequester for the university. all right. jason? >> this is a miss for new york governor andrew cuomo who wants to extend the temporary tax increase on high income earners in the state after promising to let it expire. for the second time extending that temporary tax increase. do you think voters would learn after a while they're being played here? apparently...
SFGTV2: San Francisco Government Television
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Mar 26, 2013
03/13
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they are not funding at government entities. it's very difficult to do the work you do and i commend you for it. what kind of demand do you have for the services that you provide? >> an unmeetable demand. you are right. we are privately funded and we scrounge for funds to keep working. we not only get to use students to work on our cases but we also get to teach them and get them to understand those things that john was talking about, how they need to question, don't go into court when a judge says, oh, well, yes the statute for post conviction dna says that you are entitled to counsel but i'm suspending that because there is no money to pay for an attorney. don't walk out and say a judge says we can't do it. teach them. then because we have no money, we reach out to the local bar. law firms like jim's law firm or chris's law firm help us in situations where we are trying to establish counsel and reinforce. we get over a thousand cases a year. from that first request we are usually able to take it down to about half. many of the
they are not funding at government entities. it's very difficult to do the work you do and i commend you for it. what kind of demand do you have for the services that you provide? >> an unmeetable demand. you are right. we are privately funded and we scrounge for funds to keep working. we not only get to use students to work on our cases but we also get to teach them and get them to understand those things that john was talking about, how they need to question, don't go into court when a...
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Mar 20, 2013
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the syrian government accuses rebels of foyiring some kind of chemical weapon. damascus says it killed at least 25 people on tuesday. government tv aired interviews with survivors. >> it was the free syrian army. they shelled the neighborhood with a missile, and when people smelled the stench, they feel down and couldn't breathe. >> reporter: syrian rebels quickly denied the accusations, instead accusing the syrian government of carrying out a chemical weapons attack. some chemical weapons experts say soar they have seen little evidence to prove nerve toxins were used in tuesday's dead low attack but that hasn't stopped one senior u.s. lawmaker from pointing the finger at the syrian regime. >> i have a high probability to believe that chemical weapons were used. we need that final verification. >> reporter: the white house is repeating its warning to damascus that chemical weapons use would cross an american red line. >> we are going to be very clear to the syrian regime, as we have been throughout, and to all the syrian supporters throughout the world and then
the syrian government accuses rebels of foyiring some kind of chemical weapon. damascus says it killed at least 25 people on tuesday. government tv aired interviews with survivors. >> it was the free syrian army. they shelled the neighborhood with a missile, and when people smelled the stench, they feel down and couldn't breathe. >> reporter: syrian rebels quickly denied the accusations, instead accusing the syrian government of carrying out a chemical weapons attack. some chemical...
SFGTV2: San Francisco Government Television
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Mar 25, 2013
03/13
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narrator: because original infrastructure investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance and eventual upgrades has resulted in a considerable repair and replacement backlog. allbee: on a national scale, if you looked at what we're spending now,
narrator: because original infrastructure investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance...
SFGTV2: San Francisco Government Television
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Mar 20, 2013
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narrator: because original infrastructure investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance and eventual upgrades has resulted in a considerable repair and replacement backlog. allbee: on a national scale, if you looked at what we're spending now, and you looked at the additional investment requirements over the next 20 years, there's a $540 billion difference. man: so one of the greatest challenges is to reflect true value pricing. so that the citizens and businesses that rely on water and wastewater infrastructure systems are actually paying for it. narrator: cities and municipalities across the united states are now facing this funding gap, between projected revenue and projected expenses,
narrator: because original infrastructure investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance...
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Mar 18, 2013
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we'll pass the bill that funds government at the lower sequester level. i think that's a major victory. we'll have the budgets next week, then we'll have a period of time of about four months before the debt ceiling is hit. i think that's the most fertile time for us. i think what republicans want to see, wolf, they want to see a 75-year actuary soundness. we want to make sure the programs are going to be there for the future. the president knows we want to make sure these programs are there, and what the presidents wants, obviously, is some additional revenue. i believe there's a possibility if we could get the 75-year soundness on medicare and social security with appropriate changes and reforms, i think there may be a way through full tax reform to do something that will generate revenue and fit the needs of both sides, and that's what i'm hopeful is going to happen over the next four months. look, there's no negotiation that's happening right now. there's some general discussions that have taken place, but i think the environment is going to be the be
we'll pass the bill that funds government at the lower sequester level. i think that's a major victory. we'll have the budgets next week, then we'll have a period of time of about four months before the debt ceiling is hit. i think that's the most fertile time for us. i think what republicans want to see, wolf, they want to see a 75-year actuary soundness. we want to make sure the programs are going to be there for the future. the president knows we want to make sure these programs are there,...
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Mar 25, 2013
03/13
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just getting a permit from the government can take many years, especially since nobody wants a refinery in their backyard. it can take two to three years when already cited or the time frame to do the build-out. that's why a refinery has not been built in the united states since 1976 and why you rarely see any large scale expansions of existing refineries because it is tough to invest in a business to wait six years before you get paid back. they are protected from outside competition and the way the industry works they are protected from each other. since no one spends billions to undercut the others on price, hey, there's not any price wars. and to me that's exactly what we look for in a slap happy oligopoly. let me throw in the fact in the last three years, we have seen, and this is why it's so profitable, we have seen an explosion in domestic oil and gas production. the shale fines, many people have been surprised by the newfound oil that the price at the pump has not come down and gotten cheaper. you know why that hasn't happened? one of the big reasons is that the gains from our c
just getting a permit from the government can take many years, especially since nobody wants a refinery in their backyard. it can take two to three years when already cited or the time frame to do the build-out. that's why a refinery has not been built in the united states since 1976 and why you rarely see any large scale expansions of existing refineries because it is tough to invest in a business to wait six years before you get paid back. they are protected from outside competition and the...
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Mar 20, 2013
03/13
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the government is not making up the difference. if the government stops, will the economy collapse? maybe republicans will be happy because there will be a reserved army of 25 million unemployed people and as for the middle class, that's going to be over. >> we're not talking about jobs that are not necessary. i mean, when i come down your way, as i offered to come down to atlanta, we need insfra structure redevelopment. we're talking about bridges, tunnels, infrastructure that needs repair, needs to be dealt with, jobs that are needed. we're not just talking about charity here. >> indeed. >> look, i have five children -- >> this is not like the works public administration where some of the jobs that were created during the great depression weren't immediately necessary. i love some of those artworks but you can argue that those weren't necessary. but infrastructure spending is absolutely necessary. we are running so far behind. some of our biggest international competitors, like the chinese. >> right. >> who are building high-speed rail, bridges, roads. we're not doing that. our in
the government is not making up the difference. if the government stops, will the economy collapse? maybe republicans will be happy because there will be a reserved army of 25 million unemployed people and as for the middle class, that's going to be over. >> we're not talking about jobs that are not necessary. i mean, when i come down your way, as i offered to come down to atlanta, we need insfra structure redevelopment. we're talking about bridges, tunnels, infrastructure that needs...
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Mar 25, 2013
03/13
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before that i was a government phi. he's been very active in financial sources not only here in the i say -- uk and ire land. >> thank you. i appreciate it. >>> when we come back, old school meets new school. a battle or tech supremacy. ibm versus money.com. we'll lay it out and you decide which companies to be in your portfolio. >>> jim o'neill will tack to us about cyprus and the global economy. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? [ laughter ] ♪ [ female announcer ] each one of us is our own boss. ♪ and no matter where you are in life, ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back, everybody. we are halfway through. winner friday was g.e. with 61% of the vote on facebook page. and today's c
before that i was a government phi. he's been very active in financial sources not only here in the i say -- uk and ire land. >> thank you. i appreciate it. >>> when we come back, old school meets new school. a battle or tech supremacy. ibm versus money.com. we'll lay it out and you decide which companies to be in your portfolio. >>> jim o'neill will tack to us about cyprus and the global economy. [ penélope ] i found the best cafe in the world. nespresso. where i never...
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Mar 22, 2013
03/13
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we know that local and state governments are cutting back. that's not positive. finally, there is this missed quarter evidence. federal express did blow up. it was not a good number. caterpillar is down 12%, retail sales number might not translate into weak earnings. i was prepared for cat sales to be flat, maybe up a little, not down double digits. then we got oracle. while oracle almost always bounces back, making my charitable trust which owns the stock want to buy more, i have to believe the macroenvironment has gotten worse than we thought. oracle is not that bad a company. you don't want to get too negative either. what could be right? while i don't expect a grand bargain in washington, i think that's off the table, it's always possible and if that happens and you're short the market, betting against it or don't have enough stock, you will be left behind. you will be crushed. you short the market, we get a grand bargain, one solution. second, the brinkmanship game in europe could get resolved with some solution we don't know about yet that works out, one th
we know that local and state governments are cutting back. that's not positive. finally, there is this missed quarter evidence. federal express did blow up. it was not a good number. caterpillar is down 12%, retail sales number might not translate into weak earnings. i was prepared for cat sales to be flat, maybe up a little, not down double digits. then we got oracle. while oracle almost always bounces back, making my charitable trust which owns the stock want to buy more, i have to believe...
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Mar 24, 2013
03/13
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the defense of marriage act case refers to the federal law that says that the federal government will not recognize same-sex marriages even in states where it is legal. so people, and gay people who are married in new york and new england and all of the states where it is legal, they cannot file joint tax return, and they can't get social security survivor's benefits and if the court upholds doe m s doma all is overturn and if it is overturned then the federal government will have to treat married people like married people. >> does it line up in the court that way as well? >> well, this is always a difficult question is what effect does public opinion have on the justices. the official answer is none. they apply the constitution, and the real world answer is plenty. there are five republicans and four democrats on the supreme court, and that is pretty much all you need to know, and however, one of the republicans is anthony kennedy who has been generally very supportive of gay rights and so many people think that he is going to join the democrats in vetting to overturn doma. >> and n
the defense of marriage act case refers to the federal law that says that the federal government will not recognize same-sex marriages even in states where it is legal. so people, and gay people who are married in new york and new england and all of the states where it is legal, they cannot file joint tax return, and they can't get social security survivor's benefits and if the court upholds doe m s doma all is overturn and if it is overturned then the federal government will have to treat...
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Mar 18, 2013
03/13
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in reality they're either illegal or heavily regulated by the government and there's something close to monopoly and something similar that allows companies to jack up prices just like you can force people to pay more when you have all four railroads on the monopoly board. it's called oligopoly where a handful of companies control an entire industry. it's a concept we'll be talking about all week here on "mad money" because the oligopoly business model is so fantastic this we'll develop an oligopoly series. when you have a nice, stable slap-happy oligopoly with three or four companies with high barriers to enter your competitors and they're simply afraid to jump in the space that makes for some terrific performing stocks. so what's the first industry in our board game of oligopoly? i you to understand just how powerful this is which is why tonight we'll start with an emerging oligopoly. a business that was so downright horrible and it had ruinous competition. i'm talking about, of course -- ♪ >> the airlines! >> i went positive on the airlines for the first time since the 1980s bec
in reality they're either illegal or heavily regulated by the government and there's something close to monopoly and something similar that allows companies to jack up prices just like you can force people to pay more when you have all four railroads on the monopoly board. it's called oligopoly where a handful of companies control an entire industry. it's a concept we'll be talking about all week here on "mad money" because the oligopoly business model is so fantastic this we'll...
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Mar 19, 2013
03/13
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a place for the russians to hide money from the government. if these banks were in the united states they would have been seized a long time ago so any testament to the cluelessness and phony supervision of the brain dead european regulators that it ever got out of hand like this. service. we're in big trouble. who knows? it could happen here probably around the corner. and that's when i blew my top. first, our banks are the best regulated in the world despite what senator elizabeth warren and chief prosecutor -- i'm sorry, chief reporter gretchen morganson from the new york times might tell us. it's not going to happen here and while i think it's always right to worry about the italian banks because they're poorly capitalized, i'm not going to saber rattle and make you fearful of wells fargo or huntington bancorp or first horizon or j.p. morgan. love 40, i say. no, no, game! at that point it was my turn to serve. i had no more patience. to each and every bear and by my account there were a dozen of them, i ask what does the cyprus crisis have
a place for the russians to hide money from the government. if these banks were in the united states they would have been seized a long time ago so any testament to the cluelessness and phony supervision of the brain dead european regulators that it ever got out of hand like this. service. we're in big trouble. who knows? it could happen here probably around the corner. and that's when i blew my top. first, our banks are the best regulated in the world despite what senator elizabeth warren and...
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Mar 18, 2013
03/13
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there doesn't seem to be any push to create a crisis over the debt limit or over shutting down the government. i think that's helpful. we've had economic data come out for quite a while now showing that we have a resilient economy that is growing. >> retail sales were growing. they came in better than expected for the month of february, rising 1.1%, the best numbers since september. analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but consumers are still spending money. important because that makes up about 70% of america's economic growth. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main competition in the smartphone market. >>> well, the markets setting new records almost every day, and the federal reserve meeting next week, what could happen next and what should you do with your money? joining me right no
there doesn't seem to be any push to create a crisis over the debt limit or over shutting down the government. i think that's helpful. we've had economic data come out for quite a while now showing that we have a resilient economy that is growing. >> retail sales were growing. they came in better than expected for the month of february, rising 1.1%, the best numbers since september. analysts were concerned about the impact of gasoline prices and the increase in the payroll tax for us, but...
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Mar 19, 2013
03/13
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more than 30 heads of state, a dozen heads of government, half dozen crowned heads from around europe, a couple of princes and a number of religious delegations which encompass practically every denomination you can imagine, john. >> jim, you are in rome with the crowd starting to trickle in there. you have established that the pope has in a few days quite a connection with the italian people. >> i think so, yes. one of the things that has been i think quite attractive for a lot of people is the informality, his approach to people and the fact that he's been out in the crowds. of course, it's been a nightmare for the security people because they just don't know what to expect. we don't, in fact, know too much what to expect. we know the outline for the mass and we know how it basically will transpire according to the vatican, but there may be some ad lib moments. one of the things we're looking for, we haven't gotten quite yet from the vatican press office, the pope's remarks, the home homily. we've already been warned the pope might deviate and ad lib from there. we've got to do a li
more than 30 heads of state, a dozen heads of government, half dozen crowned heads from around europe, a couple of princes and a number of religious delegations which encompass practically every denomination you can imagine, john. >> jim, you are in rome with the crowd starting to trickle in there. you have established that the pope has in a few days quite a connection with the italian people. >> i think so, yes. one of the things that has been i think quite attractive for a lot of...
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Mar 26, 2013
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before now, they asked the federal government to consider how emergency management gets rid of local voting rights, which is particularly fraught, given that half the black population of michigan has now had its local voting rights taken away by these measures. now the two detroit congressmen are asking for another kind of help. they're asking the government accountability office to look into whether emergency management even works, quoting congressman john conyers, it is difficult to identify a single instance where an emergency manager succeeded in turning around the financial fortunes of a city or jurisdiction. and yes, if you consider all of the times michigan has taken away local democracy, supposedly to fix a broken place, if you look at the way they've done it going way back, only the one town on this map, marked with a red star, only that one cute little tourist town has actually recovered, has recovered, has gone through emergency management and given their democracy back and then stayed healthy. every single other place on this map they tried it is either still under state
before now, they asked the federal government to consider how emergency management gets rid of local voting rights, which is particularly fraught, given that half the black population of michigan has now had its local voting rights taken away by these measures. now the two detroit congressmen are asking for another kind of help. they're asking the government accountability office to look into whether emergency management even works, quoting congressman john conyers, it is difficult to identify...
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Mar 20, 2013
03/13
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first, as a matter of governance, do you think eight years is the right amount of time for a central bank leader to serve or should it be less or more or undefined? and more specifically as it regards to you, your term is ten years from completion. how are you think being what you'll be doing next year after your term is completed? >> well, on the latter question, i don't have anything for you. i'll certainly be informing "the wall street journal" some decision or some developments on that front. in terms of term limits, i don't have a strong view on that. different countries use different approaches. of course, the president always has the topoption to reappoint not reappoint fed chairman. and the senate always has the option of confirming or not confirming. so in that sense, term limits are redundant. and if you had term limits, i think that would be the only office besides president and vice president that had that restriction. but that being said, i don't view this as a major issue, nor have i actively discussed, i think, on the hill. perhaps i missed it. but i don't have a stron
first, as a matter of governance, do you think eight years is the right amount of time for a central bank leader to serve or should it be less or more or undefined? and more specifically as it regards to you, your term is ten years from completion. how are you think being what you'll be doing next year after your term is completed? >> well, on the latter question, i don't have anything for you. i'll certainly be informing "the wall street journal" some decision or some...
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Mar 19, 2013
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less government, less government unless it is in your personal life and then you are all for your government telling you who you can marry. i want to have more reasons to like them. >> i agree with you 100% on that. >> they are more likely to protect my money than the liberals. go conservatives. >> you become a libertarian and money and stay out of my bedroom. you wouldn't want to be in my bedroom anyway. >> greg, i am a member of the jim party, guy who thinks he is original. >> mike, isn't it as simple as just find a candidate, support it and sell it like coca-cola and be done with it? >> i don't know. i don't think so. that admission there, by the way which if you notice was like 25 seconds that clip, and it was everything. he was like, this is what we did wrong. if at the end you said that was everything. we just need to get some hispanics. but you did everything wrong getting there. i was just as -- i was just at cpac which was a lot of fun. i have to say the freak factor was low this year and the libertarian factor is high. the room was packed. i think it was 70% journalists. they had t
less government, less government unless it is in your personal life and then you are all for your government telling you who you can marry. i want to have more reasons to like them. >> i agree with you 100% on that. >> they are more likely to protect my money than the liberals. go conservatives. >> you become a libertarian and money and stay out of my bedroom. you wouldn't want to be in my bedroom anyway. >> greg, i am a member of the jim party, guy who thinks he is...
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Mar 19, 2013
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is it these targeted policies by the government? is it generally that the central bank has been so aggressive? talking about the way foreclosures have been handled, too, which method has yielded the most successful results? >> well, i'll tell you, what has helped most is the fact that people need a house to live in. we're not talking about widgets. there is always going to be a natural demand. part of the problem and the reason this has drawed out for so long is this is a foreclosure issue. one of the things we're seeing in florida is foreclosures are down 25% for the whole country, but in 32%, foreclosures are up month over month. so we're going to see a resurgence of that and foreclosures flaring up in different regions which will affect housing and construction. so that will have appear impact on the broader economy. >> and all the more reasons why those numbers today will be important. we'll keep an eye on that. appreciate her time this morning. >>> here is a look at what u.s. futures are doing as we continue to digest the lates
is it these targeted policies by the government? is it generally that the central bank has been so aggressive? talking about the way foreclosures have been handled, too, which method has yielded the most successful results? >> well, i'll tell you, what has helped most is the fact that people need a house to live in. we're not talking about widgets. there is always going to be a natural demand. part of the problem and the reason this has drawed out for so long is this is a foreclosure...
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Mar 23, 2013
03/13
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to set them up. >> no money was budgeted for the federal government to do that. congress seems unwilling to give the administration money to do that. we are looking at a very messy situation. >> reporter: but the president says these exchanges will give americans and small business owners the choice to pick a health insurance plan that fits their budget. harris? >> harris: molly, thank you. american voters have been asking for years why hasn't the u.s. senate passed a well, after a dizzying marathon of votes and grueling all nighter by lawmaker we have it. senators on capitol hill have produced a budget. the $3.7 trillion plan passed by just one vote. 50-49. they worked through you the night voting time and time again on a slew of amendments to finally get a budget deal done around 5:00 this morning. the senate plan includes nearly a trillion dollars in new taxes over the next decade. and $100 billion in stimulus spending. and would do little to cut spending or the deficit. four democrats mark pryor of arkansas, kay haigen of north carolina, mark baggich of alask
to set them up. >> no money was budgeted for the federal government to do that. congress seems unwilling to give the administration money to do that. we are looking at a very messy situation. >> reporter: but the president says these exchanges will give americans and small business owners the choice to pick a health insurance plan that fits their budget. harris? >> harris: molly, thank you. american voters have been asking for years why hasn't the u.s. senate passed a well,...
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Mar 19, 2013
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government. the president there has been out spoken critic of same sex marriage and free contraceptio contraception. human rights activist caused the pope of turning blind eye of former military rejaime but the vatican call the charges slanderous. the pope will be installed in less than 2 hours. we will carry the installation ceremony live beginning at 1 12:50 in the morning. also have leif streaming coverage of the mass that follows at abc 7 news.com. at 1:30 am. >> coming up here next exploratorium concert cut shor short. >> she was serious. people in the audience were screaming. stop it please people started walking out. >> san francisco night club pulls the plug on a sinker for the first time in its history. what she said that stirred so so many people up got them to get up and leave. >> are you kidding me? you have no clue what you are doing. >> fireworks outside of court following lindsay lohan sentencing. why her dad was so fewer with us an attorney. >> and the world tiniest medical micros
government. the president there has been out spoken critic of same sex marriage and free contraceptio contraception. human rights activist caused the pope of turning blind eye of former military rejaime but the vatican call the charges slanderous. the pope will be installed in less than 2 hours. we will carry the installation ceremony live beginning at 1 12:50 in the morning. also have leif streaming coverage of the mass that follows at abc 7 news.com. at 1:30 am. >> coming up here next...
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Mar 26, 2013
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a big part has to do with aircraft and how the government counts it and the delivery by boeing. if we look at nondefense. minus 3.2. plus 95% in february. so i don't know if they delivered a lot of planes or the government just wanted the planes they delivered. in general, the business investment proxy has been doing quite well. it's minus 2.7. rick is correct. it's about a point and a half worse than expectations. but we did have the 6.7% jump in january. it seems we're still on track for business investment to add to gdp in the first quarter. i don't know if mr. darst has capital goods companies and whether or not they have been a good play. >> we like the industrials. they have a global guerrilla expect. you want to look at hiring. you want to look at the fourth piece. profits. so we're wondering whether they're going to come through. they start the earnings season very shortly. and this is connected to the goods orders. thirdly, personal income. that's the wages you show over there in the survey. wages are just hang anything there. finally, political developments as the same
a big part has to do with aircraft and how the government counts it and the delivery by boeing. if we look at nondefense. minus 3.2. plus 95% in february. so i don't know if they delivered a lot of planes or the government just wanted the planes they delivered. in general, the business investment proxy has been doing quite well. it's minus 2.7. rick is correct. it's about a point and a half worse than expectations. but we did have the 6.7% jump in january. it seems we're still on track for...
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Mar 26, 2013
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can the government be that parent? can the government teach people what it's like to be in a committed relationship and understand responsibility? the government can't love anybody? >> greg: how many fewer young men black or white would be in prison if they had a guy like carson as a dad? government can't replace somebody like that. mail role mod is the most important thing. no matter what they want you to think with the jewel what website, you can't replace it. he cryptonote. he -- kryptonites. they can't deal that he advocates achievement over dependents. a universal goal. >> eric: with the numbers and the carson outcome are so small, who is going -- going -- >> dana: the question about the government. in new york city alone, of the 124,000 babies born. something like 118,000, this is last year, born single parent families. the mayor didn't want them to drink large soda. but that is avoiding the real problem? >> kimberly: he has become a personal thing. he is ledge lating his own idiosyncracy to the rest of us and no
can the government be that parent? can the government teach people what it's like to be in a committed relationship and understand responsibility? the government can't love anybody? >> greg: how many fewer young men black or white would be in prison if they had a guy like carson as a dad? government can't replace somebody like that. mail role mod is the most important thing. no matter what they want you to think with the jewel what website, you can't replace it. he cryptonote. he --...
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Mar 19, 2013
03/13
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one member of parliament, part of the coalition government, he's going to vote no. he thinks it's going to fail. he thinks that vote will take place tonight. he said, democracy has to take place. so they will vote, even if it's going to fail the ball goes back to the eurozone. if he says cyprus simply is not going to agree to this idea of taking money out of bank accounts. i said what about the failure of the baernnks? he said the eurozone, you have to make a new plan because it's not going to work. >> jim, good to see you there covering things. richard quest as well. >> "around the world," american soldier helped save the life of a little girl who became known as baby nora. >> seven years ago. we'll head back to iraq it see how she's doing now. >> and remember the nuclear power plant that was damaged when an earthquake and tsunami hit japan. well, it lost power again the smog is so bad in china's capital, you barely see. just have a look at that. some face masks are enough to protect you from the area you breath. (announcer) at scottrade, our clients trade and inve
one member of parliament, part of the coalition government, he's going to vote no. he thinks it's going to fail. he thinks that vote will take place tonight. he said, democracy has to take place. so they will vote, even if it's going to fail the ball goes back to the eurozone. if he says cyprus simply is not going to agree to this idea of taking money out of bank accounts. i said what about the failure of the baernnks? he said the eurozone, you have to make a new plan because it's not going to...
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Mar 19, 2013
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the curiae is the roman government, the vatican government that serves the pope, and really interacts with all of these world leaders you see coming forward. but what this underscores to me is the importance of the papacy. even now, 2,000 years later, you have the world and its dignitaries coming to certainly embrace and congratulate the pope on his ascension. but also to keep in contact. they're a great listening post. a great source of information off the grid, if you will, for many of these governments. you remember john paul ii, facing the fall of communism, his country using american intelligence and vice versa. so, the transference of information, intelligence, understanding, on the ground data, the church really does par excellence. >> and in his homily today, his first chance to speak at length officially to all the people of the world, not just the people in that church, he talked about his role and the role of all of us as protectors. >> yeah. they're protectors. in some ways he talked about protecting creation. you could extend that to say the church and all of us have an o
the curiae is the roman government, the vatican government that serves the pope, and really interacts with all of these world leaders you see coming forward. but what this underscores to me is the importance of the papacy. even now, 2,000 years later, you have the world and its dignitaries coming to certainly embrace and congratulate the pope on his ascension. but also to keep in contact. they're a great listening post. a great source of information off the grid, if you will, for many of these...
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Mar 25, 2013
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the federal government is open, that is it from here in hagerstown. jenna: where is your other glove? i'm worried about you steve. >> i lost one of my gloves. i don't know what happened. i'll be okay. jenna: good, we've got the crew out there taking care of you. steve, thank you very much. good to hear as the officers say not a lot of tphoebgs on the road today. we are tracking the storm on the fox weather center. janice will be with us with brand-new information on who will be hit the hardest by the storm and when. jon: dangerous new developments in syria to tell you about, including a vow by the president there, bashar al-assad to, vote, wipe out muslim extremists who have sided with opposition forces. the growing turmoil now possibly drawing the u.s. closer to getting involved in the com conflict. why does syria matter. catherine herridge live in washington with more on that story. >> what makes the sear january conflict distinctive is the regime has links to all the regional none tphreubgts and key players in and outside of the middle east. the se
the federal government is open, that is it from here in hagerstown. jenna: where is your other glove? i'm worried about you steve. >> i lost one of my gloves. i don't know what happened. i'll be okay. jenna: good, we've got the crew out there taking care of you. steve, thank you very much. good to hear as the officers say not a lot of tphoebgs on the road today. we are tracking the storm on the fox weather center. janice will be with us with brand-new information on who will be hit the...
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Mar 24, 2013
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the passage of obama care that you cannot add 30 million people to the healthcare system, give them government designed benefits guaranteed to cover people even if they seek coverage after they develop a serious illness requiring lifetime extensive treatment, mandate that the coverage that people neither need nor want have to be had including like forcing 60-year-old women to have maternity benefits and somehow all of that is supposed to cost less money. that is not medicine. that is magic and even bil bill maher is wishing he could get his money back to cover his tax load. i found out that liberals love fair share when they think someone else is going to eat it. why are successful people like bill maher punished severely with a tax rate at 60 60% when many pay nothing? most of us don't hate paying taxes, we just don't want to be played as suckers and pay half or more of our income while half of the country contributes nothing and drains the tub while collecting endless government giveaways. i don't mind helping people who don't have enough food to eat or medical expenses astronomical because
the passage of obama care that you cannot add 30 million people to the healthcare system, give them government designed benefits guaranteed to cover people even if they seek coverage after they develop a serious illness requiring lifetime extensive treatment, mandate that the coverage that people neither need nor want have to be had including like forcing 60-year-old women to have maternity benefits and somehow all of that is supposed to cost less money. that is not medicine. that is magic and...
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Mar 18, 2013
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the federal government has given a 3d gun maker a license to make and sell firearms. zain asher is on this for us this new york. how does this work is this can the group just start making and selling the guns right away? >> yeah, technically they can. but they're actually not going to. they'll wait for an additional license that will allow them to print and sell a broader range of guns and accessories. they're called defense distributed, a nonprofit organization, their mission is to make guns more accessible. initially they'll sell them, but then they plan on giving away the design plans for free. their hope is that anyone with a 3d printer will be able to make a gun without a permit. technically by the way it is legal to manufacture your oin gun without a permit or a background check as long as you have no plans to sell to anyone else. but let's talk about price. 3d printed guns will be at least no now much more expensive than weapons made the conventional way. currently the company is selling a 3 dflt printed 30 pound magazine for $50. that's double what it would co
the federal government has given a 3d gun maker a license to make and sell firearms. zain asher is on this for us this new york. how does this work is this can the group just start making and selling the guns right away? >> yeah, technically they can. but they're actually not going to. they'll wait for an additional license that will allow them to print and sell a broader range of guns and accessories. they're called defense distributed, a nonprofit organization, their mission is to make...
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Mar 25, 2013
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deficits have nothing to do, because the federal government reduced its deficit. that doesn't mean wal matt is going to go out and hire a bunch of people. they're not connected and we're having this conversation over and over. >> that's the problem with our side. >> i want to get josh in here. >> the usual circumstance in which government borrowing is crowding out private investment and holding back growth is that interest rates rise because governments trying to borrow money at the same time that companies are trying to raise capital, it makes capital more expensive and it makes difficult for people to invest. we're not seeing it right now. interest rates are extremely low, not just in the short-term, but also in the long run. we have extremely low, 30-year interest rates what that reflects is there's not a lot of demand for capital in the private sector. the government could be boosting the economy by borrowing and spending the money itself. and in the future, if, if we see interest rates starting to rides, that will be in part an indication of expectations of i
deficits have nothing to do, because the federal government reduced its deficit. that doesn't mean wal matt is going to go out and hire a bunch of people. they're not connected and we're having this conversation over and over. >> that's the problem with our side. >> i want to get josh in here. >> the usual circumstance in which government borrowing is crowding out private investment and holding back growth is that interest rates rise because governments trying to borrow money...